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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

+1.3%

Dec 22 4:00 PM EST

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To: robert b furman who wrote (9329)	4/8/2003 10:25:23 AM
From: Cary Salsberg	Read Replies (2) of 95622

RE: "I'm thinking this is a no brainer." I don't agree with "no brainer." The current facts are war, disease, and economic stagnation. The future is likely to hold a more difficult war on terrorism as we have antagonized most of the world and provided daily graphic motivation for new terrorists. US control of Iraqi oil should lower oil prices, if oil fields can be protected in Iraq and the rest of the Middle East. The budget implications of this war and future occupation coupled with the inequitable tax cuts and social service cuts could lead to the kind of civil protest that marked the civil rights and Vietnam eras.

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